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Jul 1, 2011
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. >> joining me now, ezra klein. thank you for joining me tonight. >> good evening. >> i want to thank you for pointing out to us that study that is speaker boehner's website, or was on his website at the beginning of this program and perhaps soon will be scrubbed from his website, indicating a study by conservative economists indicating that a very successful formula for deficit reduction is 85% spending cuts, and 15% tax revenue increases. that study i believe was done on foreign examples. it's not a model surveying all of the recent versions of deficit reduction that we've done here in the united states, is it? >> right. it is not at all. so i got pointed to that study by my consult at the roosevelt institute. it was considered by most people to be an extreme study. it misinterpreted a lot of the examples used. a lot of folks had done so by doing it in the late 1990s when you could export a lot, there were other ways to recover. but even so, that was considered a fairly extreme result they got. and yet that extrem
. >> joining me now, ezra klein. thank you for joining me tonight. >> good evening. >> i want to thank you for pointing out to us that study that is speaker boehner's website, or was on his website at the beginning of this program and perhaps soon will be scrubbed from his website, indicating a study by conservative economists indicating that a very successful formula for deficit reduction is 85% spending cuts, and 15% tax revenue increases. that study i believe was done on...
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Jul 7, 2011
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ezra, the republican party today is not the republican party of even a couple years ago. it seems it's overrun by people who are abolitionists, willing to abolish government and willing to bring it down if they have to, and they don't give a darn, or damn about the consequences. >> it's definitely a different republican party. the thing that keeps coming to my mind is they really haven't thought it through. the federal government pays 80 million checks in a month. we go through the debt ceiling, and according to the bipartisan policy center, 45% of our obligations will not be able to be paid. who is it exactly who will make the decisions of which obligations they are. if it's the treasury department, you're looking at the republican, a small executive branch making the larger pow transfer of power. it's a staggering change in the way we run or finances as a country. >> but the whole macroeconomic reality on this, help me, ezra, when the country puts out the world we're not paying our bills, and we're going to pick out a few people we're going to pay, that's bankruptcy. >>
ezra, the republican party today is not the republican party of even a couple years ago. it seems it's overrun by people who are abolitionists, willing to abolish government and willing to bring it down if they have to, and they don't give a darn, or damn about the consequences. >> it's definitely a different republican party. the thing that keeps coming to my mind is they really haven't thought it through. the federal government pays 80 million checks in a month. we go through the debt...
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Jul 9, 2011
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. >> ezra -- the great north american poet ezra pound, because some have said you are similar to ezra. >> he is the greatest poet in the --. >> rose: 20th century. >> like picasso. >> rose: was the greatest arst. >> painted becae by cassco paint everything, everythin all different styles and pound -- many things in poetry like picasso in painting. he is the teacher of many other great poets in english language, for instance -- american people, and most of them. >> rose: thank you for sitting at this table with me. >> si. >> rose: pleasure. >> thank you for being here. >> rose: thank you. >> thankou for bringing me here. >> rose: great . >>. >> funding for charlie rose has been provided by the coca-cola company, supporting this program since 2002. >> and american express. additional funding provided by these funders
. >> ezra -- the great north american poet ezra pound, because some have said you are similar to ezra. >> he is the greatest poet in the --. >> rose: 20th century. >> like picasso. >> rose: was the greatest arst. >> painted becae by cassco paint everything, everythin all different styles and pound -- many things in poetry like picasso in painting. he is the teacher of many other great poets in english language, for instance -- american people, and most of...
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Jul 7, 2011
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so what was discussed before by ezra, that list is a per spectly sensible list that could be funded now. wouldn't increase the deficit very much at all and doesn't have anything to do with the long-run deficit. >> you and i agree and if we could pound the table enough, we ought to get this deal done in washington. briefly, laura. one last question. the meaning on sunday, the president gathering folks back together after staff work and options, a strub in between. what will you be looking for and what should folks at home be looking for to gauge monday, if there's been real progress towards a deal? >> i actually would look at the, what the republicans are willing to say about what they're now calling tax loophole, because as you and i agree, i think the stumbling block to a deal right now is the unwillingness of some, or maybe all, of the republicans to put any revenue increases on the table. if they are unwilling to do that, and they continue to be unwilling to do that, there can be no deal. i cannot see a deal. if they are willing to do that, there can be a deal. then the question is,
so what was discussed before by ezra, that list is a per spectly sensible list that could be funded now. wouldn't increase the deficit very much at all and doesn't have anything to do with the long-run deficit. >> you and i agree and if we could pound the table enough, we ought to get this deal done in washington. briefly, laura. one last question. the meaning on sunday, the president gathering folks back together after staff work and options, a strub in between. what will you be looking...
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Jul 1, 2011
07/11
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. >> on the issue of the president, to talk to a point ezra klein made about governors who have been successful. top ones, governors that have been successful over the past six months, i can think of three or four. it wasn't just the governors themselves, but the situation, the legislature they had, it was the exact kind of dynamic they were dealing with in their own state legislatures. couldn't we put a little of this or a lot of this on the republicans and the plans they put forward that have been far too extreme then digging in and not allowing room for negotiation? >> obama inherited one of the biggest messes in history. but, when he came in, he had both houses of congress, the american people behind him and he missed the opportunity. that's one of our tragedies right now. at the crucial moment when he had the chance to lead clearly, he didn't. now he's boxed in. i have no sympathy for the opposition in this. what they are saying is destructive. i agree with you, mika, it's destructive. neither side has been consequential for what's supposed to be a good sign. >> people get upset
. >> on the issue of the president, to talk to a point ezra klein made about governors who have been successful. top ones, governors that have been successful over the past six months, i can think of three or four. it wasn't just the governors themselves, but the situation, the legislature they had, it was the exact kind of dynamic they were dealing with in their own state legislatures. couldn't we put a little of this or a lot of this on the republicans and the plans they put forward...
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Jul 12, 2011
07/11
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here is ezra klein's piece this morning. he said back when this was first talked about it was endorsed by alan greenspan. we had a big sur plus and time to do something with it. brad delong, former clinton administration and economist at university of california didn't want to see the surplus spent on tax cuts but public investments. nevertheless he was quoted saying in 2001 it is hard to disagree with greenspan's position if our future economic growth is bright as it appears likely it will be time by the middle of this decade to do something to drastically cut the government surpluses. ten years later there is no surplus. turned out our future economic growth wasn't as bright seemed likely to be in 2001. that plus two trillion in tax cuts and a few trillion more in wars and asorted spending left us with large and growing deficits. indeed mr. greenspan now says we should let all the bush tax cuts expire. >> i think that, certainly the chairman has the right to his opinion. i think that there are those that believed in 2001 o
here is ezra klein's piece this morning. he said back when this was first talked about it was endorsed by alan greenspan. we had a big sur plus and time to do something with it. brad delong, former clinton administration and economist at university of california didn't want to see the surplus spent on tax cuts but public investments. nevertheless he was quoted saying in 2001 it is hard to disagree with greenspan's position if our future economic growth is bright as it appears likely it will be...